News Column

Cassidy Looks to Prevent Healthcare Plan Cancellations, Insurance Company Bailouts

July 29, 2014

WASHINGTON, July 29 -- Rep. William Cassidy, R-La. (6th CD), issued the following news release:

Today, the House Energy and Commerce Subcommittee on Health held a hearing on bills introduced by Congressman Bill Cassidy (R-LA). The Employee Health Care Protection Act, H.R. 3522, would allow health insurance plans currently available in the group market to continue to be offered, allowing Americans to keep the plans they currently have and like.

In addition, the Taxpayer Bailout Protection Act., H.R. 4406, and Protecting Americans from Illegal Bailouts Act of 2014, H.R. 5175, was introduced alongside Rep. Leonard Lance (R-NJ) to protect taxpayer dollars and stop unlawful payments to insurance companies through Obamacare's risk corridor program.

Watch Dr. Cassidy's opening remarks and listen to his questions here.

"The President and Congressional Democrats promised many times during the debate of the healthcare law that 'if you like your health plan, you can keep your health plan.' Yet this past year, 93,000 Louisianans in the individual market lost the plan they had, specifically because of Obamacare. Clearly the President's promise was inaccurate." -Dr. Bill Cassidy

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Source: Targeted News Service

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